Price: $80,000
Location: St. Louis, MO
Industry: Pet Grooming
Listing ID: 425900035
Listing Status: New
VR Business Brokers of St. Louis is excited to present a remarkable opportunity to acquire a well-established Pet Grooming Salon in the heart of St. Louis. With a loyal customer base and a fantastic reputation, this business has become a cornerstone of the community for all pet grooming and pet spa-spoiling needs.
This amazing Pet Grooming Salon caters to pets of all breeds and is home to a National Certified Master Groomer who also provides services to award-winning competition dogs and cats.
Accolades include:
25 years of hands-on experience with pets, both personal and professional.
Graduate of the Missouri School of Dog Grooming (1996).
Registered member of the Missouri Pet Groomers Association, National Dog Groomer's Association of America (N.D.G.A.A), and the IGA (Intellectual Groomer's Association).
Canine CPR Certified.
Handstrips at a show level.
Certified Canine Esthetician (CCE) as of August 2015.
National Certified Master Groomer with the N.D.G.A.A. as of August 2017.
Certified professional with the N.D.G.A.A. as of February 2017.
Certified professional with the IGA (Intellectual Groomer's Association).
Features:
1. Comprehensive Pet Services: The salon offers an array of services including dog grooming, baths, nail trims, and creative pet styling, catering to the specific needs of each pet.
2. Exceptional Reputation: This business has garnered a stellar reputation for its high-quality services, professionalism, and a warm, caring environment for pets. It boasts excellent reviews and referrals.
3. Skilled Staff: The dedicated team of experienced pet groomers is passionate about providing top-notch care and grooming services, ensuring customer satisfaction and repeat business.
4. Prime Location: Strategically located near the vibrant Delmar Loop, the salon benefits from high foot traffic and visibility. The area’s pet-loving community and its central location contribute to the salon’s success.
5. Growth Potential: The growing demand for pet grooming services, coupled with the salon's prime location, offers great potential for expansion and increased revenue for a new owner.
6. Turnkey Operation: The business is fully operational and well-equipped, allowing for a seamless transition for the new owner. The current owner is committed to providing training and support during the handover period.
Down Payment: $8,000
Total Sales: $190,000
Cash Flow: $58,104
EBIT: $125,000
EBITDA: $125,000
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $40,000
FFE Included: Yes
Inventory: N/A
Inventory Included: Yes
Year Established: 2006
Days & Hours of Operation: M-F 8-5
Owner Hours Per Week: 40-50
Lender Pre-Qualified: Yes
Non-Owner Payroll: N/A
Employees: 2
Absentee Owner: No
Security on Lease: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $2,100
Type of Location: Retail
Square Footage: 1200
Franchise: No
Relocatable: Yes
Facilities Information: The business operates from a 1,200 s.f. retail space located along a popular city strip which is surrounded by residential neighborhoods and other small businesses. The space has been designed to accomodate four grooming stations, two pet washing stations, 16 pet holding cages, a back office, storage area, and front desk and greeting space.
Reason For Sale: The Seller is seeking to transfer 100% of the business to an energetic and pet-loving Owner-Operator who possesses some business savviness and experience. The Seller desires to stay with the business as an employee and continue their love and passion for grooming pets.
Training & Support: The Seller/Owner desires to stay with the business and is eager to help train a new Owner for as long as needed.
Owner Qualifications: A love for pets combined with business ownership experience.
Competition: Pet grooming is driven by customer service and the pet owner's preference on groomer's style and techniques. Similar to regular hair salons- quality, service, location, and pricing may be key discriminators between grooming service providers. This salon is fully booked for several months and there is room to add more groomers and expand available services.
Potential Growth: The business does not have a marketing or advertising program and relies on word-of-mouth and basic social media to keep the appointments booked. There is room to add more groomers as well as expanding the pet spa services, which is an area of significant potential growth as pet owners are trending more towards increased spending on pet care.
Financing/Terms: Seller seeks a full cash purchase offer and does not desire an earnout or a Seller's note. This business has been pre-qualified for bank financing assuming a highly qualified and creditworthy candidate.